Sorry for late update as yesterday due to social function I was late and could not update at night
Nifty as said had closed above our resistance of 5100 and would clear the same on the gap opening and shall continue the rally further towards 5150 – 5180 above which rally could be carried with confidence.
Now for 10/06/2010 above 5051 nifty shall go for higher targets of 5105 – 5139 – 5193 with stoploss of 5031 below which nifty shall be week and can drift below 4975
Positional shorts below 4925 only until then try to buy near stop loss or play intraday levels. Nifty swing shall change if close below 4960 WHICH IS MARKED BY PINK LINE for two days till then swing is Up
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